NOT LISTED FOR SALE

245 Margaret Ave Los Angeles, CA 90022

Estimated Value: $702,000 - $895,000

3 Beds
1 Bath
1,217 Sq Ft
$675/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $521,000 $428 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,120/month

34 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Laundry Room
  • Robert Hill Lane Elementary School Rated 9+
  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

About This Home

As of November 2018

Sweet starter home! Cottage style with cascading brickwork in front adds to the curb appeal. East facing,with a large tree to keep the home from harsh sun. Wide streets, and easy access to the 60 freeway.HUGE backyard! Larger bedrooms which can accommodate King and Queen sized beds. Detached garage is converted into an Additional Dwelling unit, complete with kitchenette, bathroom and bedroom. Still plenty of room for parking, and a large yard for entertaining, gardening, or even to add a pool. This home was loved for many years and will hold happy memories for your family! Standard Sale, priced to sell!

Last Agent to Sell the Property

Janice Jimenez

Regal Realtors License #01335754 Listed on: 08/13/2018

Last Buyer's Agent

Janice Jimenez

Regal Realtors License #01335754 Listed on: 08/13/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,446

Year Built

  • Built in 1947

Lot Details

  • 6,095 Sq Ft Lot
  • Level Lot
  • Private Yard
  • Back Yard
  • Property is zoned LCR4YY

Parking

  • 2 Car Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4777
  • Assessor Parcel Number 5249025018

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,446

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LCR4YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5249025018
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1217.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 428.10
  • Room Type: All Bedrooms Down
  • Bathroom Features: Separate Tub And Shower

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Yard
  • Lot Size Sq Ft: 6095.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5303.02
  • Tax Lot: 1
  • Tax Tract Number: 4777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 21, 2018
Sold by
Urrutia Edgar
Bought by
Maldonado Magda
Seller's Agent
Janice Jimenez
Regal Realtors
Buyer's Agent
Janice Jimenez
Regal Realtors
List Price
$525,000
Sold Price
$521,000
Premium/Discount to List
-$4,000
-0.76%
Current Estimated Value
$821,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,583
Avg. Annual Appreciation
6.95%
Original Mortgage
$468,900
Outstanding Balance
$410,609
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$410,974

Purchase Details

Listed on
Aug 13, 2018
Closed on
Sep 19, 2018
Sold by
Uribe Juan A and Uribe Rosa I
Bought by
Maldonado Magda
Seller's Agent
Janice Jimenez
Regal Realtors
Buyer's Agent
Janice Jimenez
Regal Realtors
List Price
$525,000
Sold Price
$521,000
Premium/Discount to List
-$4,000
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,900
Outstanding Balance
$410,609
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$410,974

Purchase Details

Closed on
Nov 2, 1999
Sold by
Negrete Luis and Negrete Veronica
Bought by
Uribe Juan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,593
Interest Rate
7.95%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1999
Sold by
Arturo Orozco
Bought by
Negrete Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
9.5%

Purchase Details

Closed on
Jan 8, 1999
Sold by
Siegel Jeffrey and Estate Of Pearl B Katangian
Bought by
Negrete Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,400
Interest Rate
9.5%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Maldonado Magda -- Provident Title Company
Maldonado Magda $521,000 Provident Title Company
Uribe Juan A $172,000 Southland Title Company
Negrete Luis -- United Title
Negrete Luis $126,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maldonado Magda $468,900
Previous Owner Uribe Juan A $188,021
Previous Owner Uribe Juan A $100,000
Previous Owner Uribe Juan A $213,000
Previous Owner Uribe Juan A $166,867
Previous Owner Uribe Juan A $168,138
Previous Owner Uribe Juan A $170,593
Previous Owner Negrete Luis $113,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2018 11/02/18 Sold $521,000 -0.8% $428 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $525,000 -- $431 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,446 $581,183 $458,923 $122,260
2024 $7,446 $569,788 $449,925 $119,863
2023 $7,316 $558,616 $441,103 $117,513
2022 $6,966 $547,663 $432,454 $115,209
2021 $6,885 $536,925 $423,975 $112,950
2019 $6,669 $521,000 $411,400 $109,600
2018 $3,385 $232,321 $143,447 $88,874
2016 $3,239 $223,302 $137,878 $85,424
2015 $3,191 $219,948 $135,807 $84,141
2014 $3,192 $215,640 $133,147 $82,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18197422

California Regional Multiple Listing Service (CRMLS)

APN: 5249-025-018